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Jun 2025
51m 24s

Why Cliff Asness Believes Markets Are Ge...

UNIVERSITY OF CHICAGO PODCAST NETWORK
About this episode
Are financial markets becoming less efficient? Famous investor Cliff Asness certainly thinks so. In his paper published last year, “The Less-Efficient Market Hypothesis,” Asness argues that social media and low interest rates, among other factors, have distorted market information so that stocks have become disconnected from their true values. This distortio ... Show More
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